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South American Weather and Crop Update (6-9-26)
While drier conditions still remain in South America, recent rainfall has caused a notable improvement. Allendale commodity broker Greg McBride gave an update on the latest forecasts for Brazil and Argentina. Currently, farmers in Brazil just wrapped up first crop corn harvest and are waiting to start on the safrinha crop. McBride said harvest is almost finished for the crops in Argentina as well. Here in the U.S., the grain markets are looking ahead to this month’s WASDE report, which will...
Ecuador agrees to reciprocal trade agreement with U.S.
On March 13, Ecuador became the ninth country to sign an Agreement on Reciprocal Trade with the United States. The agreement will take some time to implement, but once in place it will remove both tariff and non-tariff barriers for U.S. beef and pork exports. U.S....
IDALS awards 30 value-added Choose Iowa grants
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship has awarded 30 Choose Iowa Value-Added Grants to Iowa farmers, small businesses, and organizations located across the state. Grant recipients were...
Farm bill uncertainty persists as lawmakers debate key ag policies
Uncertainty surrounding the next farm bill continues as lawmakers remain divided on several key agricultural and nutrition policy issues. Members of Congress from both parties agree on the need to update farm programs, but disagreements over funding levels, nutrition...
Ernst backs Glen Smith, USDA restructuring plan
Another Iowan could soon be stepping into a key USDA leadership role, while the department also looks to reshape how it operates across the country. Senator Joni Ernst says Glen Smith is moving through the confirmation process for a USDA under secretary role, calling...
Fareway and Murphy Family Foundation team up for 6th annual food donation
This past Tuesday, the Murphy Family Foundation teamed up with Fareway for the sixth year in a row of donating Easter meal kits to the Food Bank of Iowa. Food insecurity is still more present than ever across the state, and these meal kits will provide a sense of...
Feeding the Economy report shows agriculture’s impact
Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those...
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NPPC targets Prop 12, trade, labor in D.C.
The National Pork Producers Council is taking its top policy priorities directly to Capitol Hill this week as pork producers gather in Washington, D.C. for the group’s Legislative Action Conference April 15 and 16. Rob Brenneman, president of NPPC and a pork producer...
U.S. blockade in Strait of Hormuz will have long-lasting impact
The Iran conflict has escalated further, as President Donald Trump announced a plan for a full U.S. Navy blockade in the Strait of Hormuz. Now, the energy and fertilizer industries are wondering what that will do to prices. Josh Linville, vice president of fertilizer...
U.S. Red Meat Symposium brings U.S. exporters and Mexican importers together
The U.S. Meat Export Federation (USMEF) is conducting a U.S. Red Meat Symposium, April 14-17 in Mexico City, which will allow U.S. exporters to meet face-to-face with importers and other prospective customers from throughout Mexico. This is the second edition of the...
Adjustments to the soybean balance sheets in USDA April WASDE report
The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...
Advisors urge farmers to use tax data for broader financial planning
Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...
